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Agricultural Development Bank of China
Industry

China's agricultural product wholesale prices edge up

July 07, 2020


Abstract : The wholesale prices of China's agricultural products registered a slight uptick Monday, according to a report from the Ministry of Agriculture and Rural Affairs.

BEIJING, July 6 (Xinhua) -- The wholesale prices of China's agricultural products registered a slight uptick Monday, according to a report from the Ministry of Agriculture and Rural Affairs.

The latest China agricultural product wholesale price index came in at 115.35, up 0.07 points from Friday, the previous working day.

By 2 p.m. Monday, the average wholesale price of pork, a staple meat in China, rose 1.6 percent to 46.78 yuan (about 6.65 U.S. dollars) per kg, while eggs gained 0.5 percent to 6.36 yuan per kg.

The average wholesale price of 28 key types of vegetables tracked by the government went down 0.5 percent from Friday, while six different types of fruits saw average price up by 1.8 percent.

The wholesale price index is compiled from data collected from around 200 agricultural wholesale markets and is updated daily based on the weighted average of price indices for goods including vegetables, fruit, aquatic products, livestock products, cereals, and edible vegetable oil. Enditem

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Keyword: agricultural product

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